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Martin Czernowalow

$5bn SADC hydropower project launched

The $5-billion Inga III hydropower project, in the Democratic Republic of Congo (DRC), was officially launched on Friday with the signing of a memorandum of understanding (MoU) by five Southern African Development Community (SADC) countries. 

Diamond sector will face export duties under new law

South African Minister of Minerals and Energy Phumzile Mlambo-Ngcuka last week made it clear that government intends to impose an export duty on the country’s diamond sector to encourage local beneficiation. 

Kumba-Anglo in move to develop Oz coking-coal project

In a bid to further consolidate its position in Australia, South African iron-ore giant Kumba Resources has entered into a 50:50 joint venture with its main shareholder, Anglo American, to develop a coking-coal-mine in central Queensland. 

Strike ends at Impala Platinum

South African number two platinum producer Impala Platinum Holdings (Implats) yesterday announced that it has reached a wage agreement with the National Union of Mineworkers (NUM), bringing to an end a strike that started on September 30. 

Supply not the main impediment to gem beneficiation

South African Diamond Board chairperson Abbey Chikane yesterday urged the downstream diamond sector to prepare for a flood of rough diamonds that will become available to local beneficiators, and urged diamond producers to position themselves to benefit from the “new era” facing this... 

Diamond sector will face export duties under new law

South African Minister of Minerals and Energy Phumzile Mlambo-Ngcuka yesterday made it clear that government intends to impose an export duty on the country's diamond sector to encourage local beneficiation. 

Gold group's SA resources fall offset by global gain

South African gold producer Gold Fields on Friday reported a decrease in its South African mineral resources, which were partially offset by an increase in mineral resources from international projects. 

No platinum sector wage deal yet

Wage negotiations to end a strike in the South African platinum sector were still continuing late yesterday afternoon, as management of two of the world's largest platinum producers and organised labour attempted to reach agreement on wage increases. 

Hulett 'disappointed' with antidumping ruling

South African-based producer of aluminium rolled products Hulett Aluminium yesterday said that the US Department of Commerce (DOC) has ruled, in an antidumping case filed against the group in the US, that a dumping margin of 3,5% existed - a finding that the group described as... 

Angloplat hopeful of signing wage deal soon

The South African platinum sector will find out today whether the five-day-old strike at the world's largest platinum producer, Anglo Platinum (Angloplat), will come to an end. 

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